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Job gains, cheaper petrol fuel service sector growth

Published Wed, Mar 4, 2015 · 09:50 PM
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Washington

SERVICE industries unexpectedly expanded at a faster pace in February, encouraging companies that make up the biggest part of the US economy to take on more workers.

The Institute for Supply Management's (ISM) non-manufacturing index increased to 56.9 from the prior month's 56.7, the Tempe, Arizona-based group said on Wednesday. A gauge above 50 shows expansion.

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